Open a savings account with a registered Primary Mortgage Institution (PMI)

Contribution to the fund for at least six months prior

Have satisfactory evidence of regular flow of income to guarantee the loan

Submit photocopies of valid title documents (e.g. C of O)

Approved survey/site plans

Approved building plans

Priced bill of Quantities where applicable

Valuation report prepared by a firm of registered surveyors and valuers where applicable

Letter of consent to mortgage to your chosen PMI

Apply on a prescribed mortgage loan application form

Offer Letter/Acceptance and Allocation letter (In case of government projects)

In case of registered self employed applicant, a copy of Articles and Memorandum of Association and a copy of Certificate of Incorporation as evidence of employment status must be submitted

A contributor is eligible to enjoy a maximum of N15million repayable over a maximum of 30 years at an affordable interest rate of 6% of the maximum loan amount, 20% equity is required from the contributor